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Kotak Mahindra General Insurance

From Wikipedia, the free encyclopedia

Zurich Kotak General Insurance
Company typeSubsidiary
IndustryFinancial service
Founded2015
HeadquartersMumbai, Maharashtra, India
Key people
Suresh Agarwal (MD & CEO)[1]
ProductsGeneral insurance
Vehicle insurance
Health insurance
Home insurance
Number of employees
793 (as on September 2020)[2]
ParentZurich Insurance (70%)
Kotak Mahindra Bank
Websitewww.kotakgeneral.com

Zurich Kotak General Insurance Company Ltd. is a general insurance company headquartered in Mumbai. It offers non-life insurance products like motor, health, home and others.[3]

History

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Kotak General Insurance received the license to conduct general insurance business in India from the Insurance Regulatory Development Authority of India (IRDAI) in April 2015.[4]

Key persons

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  • Suresh Agarwal- Managing Director and chief executive officer (MD & CEO)[1]

Products and services

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Kotak General Insurance provides various general insurance policies in India which are listed below-

It has a network of 4000+ network hospitals

  • Kotak Home Insurance
  • Kotak Fire Insurance
  • Kotak Marine Insurance
  • Kotak Liability Insurance
  • Kotak Miscellaneous Insurance

Expansion since incorporation

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In April 2015, Kotak General Insurance received the license to start the business and since then it has a national footprint of 19 branches spread across India as of September 2020.[5]

References

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  1. ^ "Kotak Mahindra Group announces new chiefs for insurance business".
  2. ^ "No.of Employees-Kotak General Insurance".
  3. ^ "List of private banks by market capitalization". www.moneycontrol.com.
  4. ^ "Kotak General Insurance gets IRDAI certificate".
  5. ^ "About Kotak General Insurance".
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